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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Elroy Jetson who wrote (102220)9/20/2009 5:53:37 AM
From: Chas.  Read Replies (1) of 116555
 
I have trouble seeing why a bank or loan company would give a say $200000 loan to a person that just walked on a $400000 loan, unless an bit of subterfuge is employed by the borrower...

what am I missing...???
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